Approved Mixed-Use Development
1 N BRADDOCK Street Winchester, VA 22601
1 N BRADDOCK Street, Winchester, VA, 22601
$399,000
For Sale
$399,000
LAND - WINCHESTER, VA
Property Size1,340 SF
Lot Size0.09 Acres
Price / SF$297.76
Days on Market739
Property Features for 1 N BRADDOCK Street
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,340 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1061
Listing Agency
Coldwell Banker Premier
(540) 662-9937
14 E Piccadilly Street, Winchester, VA
Listed by
Gillian Joy Greenfield · License #0225064152
(540) 974-3927
Added: Jul 9, 2024 Checked: Jul 17 at 12:06 pm
MLS# VAWI2005956
Listing URL
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Investment Insights
Based on property information with market context.
This infill development lot is offered with an approved mixed-use site plan for a multi-story building. The concept includes 1st-floor commercial space of 1,340 SF, along with 6 spacious luxury condos/apartments with potential for a seventh, for a total of 8 rental units. The plan also calls for a rooftop patio above the residential portion, and includes a building design and floor layout by Design Concepts.
The property is in downtown Winchester, VA, within the second historical district and an Enterprise Zone. The site is described as one block from the walking mall. The seller indicates it is eligible for a $100K state grant and additional special financing, tax rebates, and other incentives, and notes that the buyer should verify all incentives.
For buyers or developers seeking a ready-to-plan mixed-use project, the key advantage is that the mixed-use site plan is already approved, with commercial and residential components defined in the submitted concept. This creates a straightforward path to proceed with construction planning based on the approved design, while allowing the buyer to confirm final eligibility details for incentives tied to the site’s Enterprise Zone and historical district location.
The property is in downtown Winchester, VA, within the second historical district and an Enterprise Zone. The site is described as one block from the walking mall. The seller indicates it is eligible for a $100K state grant and additional special financing, tax rebates, and other incentives, and notes that the buyer should verify all incentives.
For buyers or developers seeking a ready-to-plan mixed-use project, the key advantage is that the mixed-use site plan is already approved, with commercial and residential components defined in the submitted concept. This creates a straightforward path to proceed with construction planning based on the approved design, while allowing the buyer to confirm final eligibility details for incentives tied to the site’s Enterprise Zone and historical district location.
Key Highlights
- Approved mixed‑use site plan for multi‑story building with commercial space and luxury condos/apartments.
- Prime downtown Winchester location, one block from walking mall.
- Development qualifies for a $100K state grant, special financing, tax rebates, and other incentives.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Approved plan supports a first-floor commercial space with multiple residential units and rooftop patio in Winchester.
Where is this mixed-use property located?
The property is located at 1 N BRADDOCK Street Winchester, VA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approved mixed‑use site plan for multi‑story building with commercial space and luxury condos/apartments.; Prime downtown Winchester location, one block from walking mall.; Development qualifies for a $100K state grant, special financing, tax rebates, and other incentives.